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$8 Million NIL Deal

Just wait until the crowdfunding of athletes starts. 100 percent legal. They can either start a business or turn themselves into security and allow for folks to participate in NIL deals now and future income later.
This is exactly what is happening with this $ 8 bill deal. It may as well have been a gofundme thing. That's how the "collective" works. They get donations, they set up deals with prospects and players.

The article says up to 8 million. We haven’t seen the contract so who knows what the criteria is. If he flames out, doubt he gets it all. But even if he did, who cares.
I think you're right. Assuming it is UT with that California kid, both sides have legal representation. Spyre Sports is a UT NIL broker.
The article indicates that it is not as simple as Spyre offered the kid $8 anyway.

It appears Spyre is loaning him up to $8 bills over 4 years with stipulations and at least X amount of it is paid back with 10% interest involved.

Spyre is a hell of a lot sharper outfit than to give the kid $8 bills. Stipulations are along the lines of "no money" if you are not marketable which = performance criteria.

If he can't get a crowd out to donate X with their $, he ain't making the loan deals.

BTW, most schools are making roughly the same offers based on what I heard. You won't compete if your team doesn't have enough to make comparable offers.
 
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This is exactly what is happening with this $ 8 bill deal. It may as well have been a gofundme thing. That's how the "collective" works. They get donations, they set up deals with prospects and players.



I think you're right. Assuming it is UT with that California kid, both sides have legal representation. Spyre Sports is a UT NIL broker.
The article indicates that it is not as simple as Spyre offered the kid $8 anyway.

It appears Spyre is loaning him up to $8 bills over 4 years with stipulations and at least X amount of it is paid back with 10% interest involved.

Spyre is a hell of a lot sharper outfit than to give the kid $8 bills. Stipulations are along the lines of "no money" if you are not marketable which = performance criteria.

If he can't get a crowd out to donate X with their $, he ain't making the loan deals.

BTW, most schools are making roughly the same offers based on what I heard. You won't compete if your team doesn't have enough to make comparable offers.
Super boosters. Tennessee has a few. Haslam, Boyd, Egern, Clayton’s. Businesses like Orkin, Dish Network, Arrow Exterminators, Pilot/Flying J, Clayton Homes are ran by massive UT fans who want to see UT do well. The guys at Spyre aren’t rookies either.
 
Super boosters. Tennessee has a few. Haslam, Boyd, Egern, Clayton’s. Businesses like Orkin, Dish Network, Arrow Exterminators, Pilot/Flying J, Clayton Homes are ran by massive UT fans who want to see UT do well. The guys at Spyre aren’t rookies either.

Easy to see why the vols have to overpay to attract prospects. That offense doesn't prepare kids for the NFL, have to live in a cesspool of a town and worse of all look like a Halloween poster wearing that faded out butt ugly orange.
 
They can't. The court ruled on it. They didn't want to pay anything and this where we are.
The court ruled on the general rights of a players NIL but how it is executed has a long way to go. This new thing of boosters getting together in an LLC just to pay a guy before they even come to a school wasn't what any organization or courts were thinking through. The NCAA burying its head and digging in instead of working on solutions set everything up for this chaos. And Emmert still runs that place. That's the joke of it all.
 
Except baseball and the anti-trust exemptions go against our free market principles, which is my point. Also, I didn't say I am patently against salary caps, as there is an argument they provide for the greater good (maybe), rather I just like to point out hypocrisy if I see it. A lot of people cry free market/libertarian idealism when it benefits them, then cry for regulations and guard rails when those would.
It is collectively bargained. And I've posted this more than once in past threads on this issue even after it was immediately announced. Long-term I believe that's where this goes. Now that there is money to be made, there will be much more work done to make runs at unionization because those that run unions can make money off the players now that many will get some. I also think that may be the only way at this point to really get to where there are some sort of constraints and level playing field with this. I know schools will continue to want to fight off the idea that players are employees and all of that but at some point that may be the only resolution with NIL and the transfer chaos. It may be a 5 or 10 year period of working its way to that resolution but I think that's were it ends at some point. And that would be the final push to the super conference idea because only a certain set of schools would have the wherewithal to be involved in such an agreement.
 
Easy to see why the vols have to overpay to attract prospects. That offense doesn't prepare kids for the NFL, have to live in a cesspool of a town and worse of all look like a Halloween poster wearing that faded out butt ugly orange.
They are not overpaying, they are not paying 1 penny in fact. You can't know what's going on if you do not read the contractural arrangement Mandel supplied. It is a potential loan to be paid back at 10% interest and the loans are contingent on the kid being both very popular and at UT. If he leaves or fails, $0 loan.
If this TN commit goes for $8M....wonder what it will take to get Manning??
It's not $8 given to the kid. The contract offers him "potential" loans over 4 years to make that much doing work such as appearances, T shirt sales, etc. IF he isn't good for example, he will make $0 and they are loans to be paid back at 10% interest if he does make $.

I look at it like an advance from an agent on an NFL career to be paid back.

This isn't an offer of cash. They are in it to make profits themselves and assist their favorite programs. BTW, every program is offering comparable deals to comparable talents, UK included.

If you don't do NIL you're out, but, if you do you are not in a better position that any other program that does NIL. Everyone will make comparable offers to top players in all sports, it will still be which staff and locale impresses kids most still and IMO, it makes a better setup.

You won't have deals like Will Wade at LSU or Reverend Freeze at Ole Miss. Because all SEC schools can openly via NIL( which is technically not associated with the school) see that the kids can make $.

I like it myself

NIL really isn't about recruiting, it can close the gap teams like UK and UT have with private schools like Vandy in baseball. NIL can pay for their scholarships 100% like Vandy offers kids in their program they offer a lot of kids to attend Vandy legally.

UK and UT can't do that before NIL, now they can.
 
Easy to see why the vols have to overpay to attract prospects. That offense doesn't prepare kids for the NFL, have to live in a cesspool of a town and worse of all look like a Halloween poster wearing that faded out butt ugly orange.
More and more colleges are running something like our offense or similar. Does Clemson’s offense prepare them? Fromm won like 32 games in 3 yrs and will never start in the NFL. Neither will Stetson. Does that mean UGAs offense doesn’t prepare players for the league?
 
It is collectively bargained. And I've posted this more than once in past threads on this issue even after it was immediately announced. Long-term I believe that's where this goes. Now that there is money to be made, there will be much more work done to make runs at unionization because those that run unions can make money off the players now that many will get some. I also think that may be the only way at this point to really get to where there are some sort of constraints and level playing field with this. I know schools will continue to want to fight off the idea that players are employees and all of that but at some point that may be the only resolution with NIL and the transfer chaos. It may be a 5 or 10 year period of working its way to that resolution but I think that's were it ends at some point. And that would be the final push to the super conference idea because only a certain set of schools would have the wherewithal to be involved in such an agreement.
Indeed it was and I am not a labor lawyer, but I suspect there are some giant hurdles to make it over before undergrads are considered employees, especially given the NIL money is not coming directly from the schools. It will be fascinating to watch develop.
 
My boss is one of the rich guys who is neighbors with and runs around with the guys who make these NIL deals so hearing him talk about how this stuff works is pretty interesting (foreign world to me). Coaches take these people on their private planes to meet with recruits and promise them crap.

I can't imagine being motivated to attend class if I'm guaranteed millions already to which no degree is going to generate. Pretty hard to promote that 'student athlete' crap with this stuff.
 
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The old Riddick Bowe quote might soon be very relevant.....it is hard to get out of bed & run at 6 am when you're sleeping on silk sheets
 
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They are not overpaying, they are not paying 1 penny in fact. You can't know what's going on if you do not read the contractural arrangement Mandel supplied. It is a potential loan to be paid back at 10% interest and the loans are contingent on the kid being both very popular and at UT. If he leaves or fails, $0 loan.

It's not $8 given to the kid. The contract offers him "potential" loans over 4 years to make that much doing work such as appearances, T shirt sales, etc. IF he isn't good for example, he will make $0 and they are loans to be paid back at 10% interest if he does make $.

I look at it like an advance from an agent on an NFL career to be paid back.

This isn't an offer of cash. They are in it to make profits themselves and assist their favorite programs. BTW, every program is offering comparable deals to comparable talents, UK included.

If you don't do NIL you're out, but, if you do you are not in a better position that any other program that does NIL. Everyone will make comparable offers to top players in all sports, it will still be which staff and locale impresses kids most still and IMO, it makes a better setup.

You won't have deals like Will Wade at LSU or Reverend Freeze at Ole Miss. Because all SEC schools can openly via NIL( which is technically not associated with the school) see that the kids can make $.

I like it myself

NIL really isn't about recruiting, it can close the gap teams like UK and UT have with private schools like Vandy in baseball. NIL can pay for their scholarships 100% like Vandy offers kids in their program they offer a lot of kids to attend Vandy legally.

UK and UT can't do that before NIL, now they can.

I don't care enough to read about UT. Or this book of a post you decided to put here. But that doesn't change the fact that UT is a trash program, under investigation for trying to buy players before this NIL became a thing. I personallyhope every time the vols get a 1st down someone on defense gets a cramp. During Richt early years UGA ran a little hurry up and the Viles whine so when they played the officials stood over the ball until the vols were ready.
 
More and more colleges are running something like our offense or similar. Does Clemson’s offense prepare them? Fromm won like 32 games in 3 yrs and will never start in the NFL. Neither will Stetson. Does that mean UGAs offense doesn’t prepare players for the league?

No, just means they beat that trash program in Knoxville like a rented mule.


How many names have you created Navy? Of course you are going to say you have no idea who that is, too bad you don't realize people have the tech and knowledge to track your ugly orange rear down. It can't even be a pretty orange, it's a faded out orange, does UT get their uniforms from Clemson once they wash the color out. Do you think the vols will stay within 3 TDs of UGA? Or will a Jancek coach secondary make Bennett look like a Heisman winner?
 
No, just means they beat that trash program in Knoxville like a rented mule.


How many names have you created Navy? Of course you are going to say you have no idea who that is, too bad you don't realize people have the tech and knowledge to track your ugly orange rear down. It can't even be a pretty orange, it's a faded out orange, does UT get their uniforms from Clemson once they wash the color out. Do you think the vols will stay within 3 TDs of UGA? Or will a Jancek coach secondary make Bennett look like a Heisman winner?
That’s not what you said tho. Jancek is coaching at UGA. Not Tennessee. Sorry that your fellow fans can’t take discourse and people correcting them about a matter they’re uninformed on. Someone on this thread asked about Spyre, I explained. They thanked me. The people who run this board said as long as I don’t berate current UK players or coaches, I’m good. Should be the same over at the vault but y’all want to live in a vacuum and just say what you want to hear with no corrections or dissension. I take the Vault bans as trophies. Send them to my discord and we laugh.
 
I don't care enough to read about UT. Or this book of a post you decided to put here. But that doesn't change the fact that UT is a trash program, under investigation for trying to buy players before this NIL became a thing. I personallyhope every time the vols get a 1st down someone on defense gets a cramp. During Richt early years UGA ran a little hurry up and the Viles whine so when they played the officials stood over the ball until the vols were ready.
Tennessee has you in your feelings bad dude. Hope it gets better. Try to be more like the UK fans. They’ll jab and jaw but at least they have the testicular fortitude to have discourse within reason.
 
That’s not what you said tho. Jancek is coaching at UGA. Not Tennessee. Sorry that your fellow fans can’t take discourse and people correcting them about a matter they’re uninformed on. Someone on this thread asked about Spyre, I explained. They thanked me. The people who run this board said as long as I don’t berate current UK players or coaches, I’m good. Should be the same over at the vault but y’all want to live in a vacuum and just say what you want to hear with no corrections or dissension. I take the Vault bans as trophies. Send them to my discord and we laugh.
I noticed you added a little laughing emoji to my post. Curious, what do you take issue with? I was referring to Kentucky with how the NIL stuff and recruiting trips occur. That’s what I know. I don’t know anything to do with Tennessee.
 
I noticed you added a little laughing emoji to my post. Curious, what do you take issue with? I was referring to Kentucky with how the NIL stuff and recruiting trips occur. That’s what I know. I don’t know anything to do with Tennessee.
Laughing at coaches being directly involved to the point they’re using their own jets. No coach is stupid enough to do that.
 
That’s not what you said tho. Jancek is coaching at UGA. Not Tennessee. Sorry that your fellow fans can’t take discourse and people correcting them about a matter they’re uninformed on. Someone on this thread asked about Spyre, I explained. They thanked me. The people who run this board said as long as I don’t berate current UK players or coaches, I’m good. Should be the same over at the vault but y’all want to live in a vacuum and just say what you want to hear with no corrections or dissension. I take the Vault bans as trophies. Send them to my discord and we laugh.

Sorry dude Jancek isn't at UGA, hasnt bedn in years. No, we didn't want you there to begin with and you started pumping the Vols and Moose sent you packing multiple times. Much like you here,you weren't knowledgeable enough to correct anyone on our recruiting board, you were getting bad info on multiple kids claiming they were all vol. If you want accurate recruiting info on state of Georgia kids pay attention to Trent Smallwood Everone knew Mims, Mondom, and Green was signing with UGA ex ept the Vols who were getting pumped sunshine by whoever gives you updates.
 
Sorry dude Jancek isn't at UGA, hasnt bedn in years. No, we didn't want you there to begin with and you started pumping the Vols and Moose sent you packing multiple times. Much like you here,you weren't knowledgeable enough to correct anyone on our recruiting board, you were getting bad info on multiple kids claiming they were all vol. If you want accurate recruiting info on state of Georgia kids pay attention to Trent Smallwood Everone knew Mims, Mondom, and Green was signing with UGA ex ept the Vols who were getting pumped sunshine by whoever gives you updates.
 
Sorry dude Jancek isn't at UGA, hasnt bedn in years. No, we didn't want you there to begin with and you started pumping the Vols and Moose sent you packing multiple times. Much like you here,you weren't knowledgeable enough to correct anyone on our recruiting board, you were getting bad info on multiple kids claiming they were all vol. If you want accurate recruiting info on state of Georgia kids pay attention to Trent Smallwood Everone knew Mims, Mondom, and Green was signing with UGA ex ept the Vols who were getting pumped sunshine by whoever gives you updates.
Listen. Y’all are putting all your eggs in the Manning basket. Maybe you’ll get him. Tennessee has their guy and it’s helping with guys like Carnell Tate and Kyler Kasper. Is UT on UGAs level yet? No. But the landscape is changing and programs with big time boosters will start getting talent.
 
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I should have said...goodbye college sports. The schools with the deepest pockets will get the best players. Everyone else will slip away.
There’s still an 85 limit. The richest schools can’t get everyone. How is this any different than what it’s been? A kid wants to go to a school with a high level of marketability to make money, that’s bad. But if they pick UGA for it’s night life or Bama because of a high chance for a title. Nothing was done to limit those benefits for those schools. But now NIL will kill sports?
 
Then they need to put a cap on money spent on facilities annually. Coaching salaries. Recruiting budgets. You want it fair across the board, then that’s your choice.
Correct me if I'm wrong. From the outside looking in, UT has been trying to be relevant in football for some 25 years or so. UT fans acting like this is the way things should be must be looking around and calculating which schools you think you can out spend, it's probably a bunch. There by, UT gets their shot at being relevant again. Short cuts rarely work out when it comes to program building.

Most fans that I have seen that are against this current NIL set up, it has nothing to do with players being paid, some are against that, most are not. Pretty much all are against being spectators to an all out arms race, highest bidder wins. I personally could not care less if UK could be one of the highest bidders, not why I watch football, if comes down to that's what it takes to be competitive in CFB, I'll just find something else to with my time and become more of a casual fan of football in general.
 
Got to or it'll really be a bidding war n the rich will get richer
Oh no! That would be so different than what CFB has been fir 150 yrs!!

The horses are out of the barn, the NCAA has never in its history been less relevant & less powerful. Tennessee fired their coach for cause for cheating yet they face zero punishment or investigation.
 
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Correct me if I'm wrong. From the outside looking in, UT has been trying to be relevant in football for some 25 years or so. UT fans acting like this is the way things should be must be looking around and calculating which schools you think you can out spend, it's probably a bunch. There by, UT gets their shot at being relevant again. Short cuts rarely work out when it comes to program building.

Most fans that I have seen that are against this current NIL set up, it has nothing to do with players being paid, some are against that, most are not. Pretty much all are against being spectators to an all out arms race, highest bidder wins. I personally could not care less if UK could be one of the highest bidders, not why I watch football, if comes down to that's what it takes to be competitive in CFB, I'll just find something else to with my time and become more of a casual fan of football in general.
Coaching and issues in the admin have been why Tennessees struggled. Kyle Whittingham was a prospect to replace Fulmer in 08, he was passed up because a booster didn’t like that he was Mormon. Stuff like that. Tennessee has proven in baseball, basketball and even football when it starts to show promise, the fans and boosters will support success. NIL is another way that can be shown.
 
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Online speculation is the recruit is Arch Manning, the school is Texas. Wise investment if true.

The recruit has to be a quarterback, even crazy boosters are not gonna commit millions to a DT or OL or CB.

C'mon UK NIL, get in the game & buy us a stud QB recruit to replace Levis for 2023.

Tennessee. 5 Star QB commit.
 
Been looking for a reputable report on numbers. This gives some insight on the ceiling:



“On Friday, a five-star recruit in the Class of 2023 signed an agreement with a school’s NIL collective that could pay him more than $8 million by the end of his junior year of college, The Athletichas learned. He’ll be paid $350,000 almost immediately, followed by monthly payouts escalating to more than $2 million per year once he begins his college career, in exchange for making public appearances and taking part in social media promotions and other NIL activities “on behalf of (the collective) or a third party.”

The player is never named but I assume it’s a DE, DT, or QB
That boys going to be taking a payout in NFL
 
This is a predictable outcome given the absence of boundaries with which NIL was launched. It really is only a matter of time before some of these CFB NIL collectives have $100,000,000/year budgets.

As I understand it, $25M/year is the current target for the Tennessee collective right now..

The most well-funded collectives will, eventually, be, “collectively, “ buying 200+ of the best 250 graduating high school players every year plus most of the top transfers. I don’t expect that outcome to take more than a couple more years.

What A&M did this year is the blueprint for every other alumni group with comparable financial means and fanaticism about football. That's not a lot of schools, but..we're just getting started. There may only be 9 or 10 other teams in the whole country that have alumni and/or businesses with both the financial wherewithal and the will to compete at the A&M NIL level.

Someone made the counterpoint months ago that the New York Yankees, the most well-funded MLB team, had not played in a World Series in something like 13 years. BIG DIFFERENCES between MLB and CFB NIL:

1) In MLB, a team can get stuck with long-term contracts for underperforming players (see ARod by year 5) that end up being financially-debilitating whereas in the CFB/NIL world, even if you make a mistake, you‘re only stuck with it, at most, for 5 years and, more likely, for one. The transfer portal will allows any of those players who were misevaluated during the NIL recruitment process (clearly that is what is happening) to transfer to a school/level where he can play.

2) In fact, with CFB/NIL + the Transfer Portal - Any long-term contracts, each year, if properly funded, schools can, in effect, shop from among THE BEST PLAYERS AT EVERY POSITION OF NEED EACH YEAR from high schools as well as from any other college team in the country as I have yet to see any accusations of improper contact come to fruition.

3) By definition, each CFB roster will, as it always has, completely turnover every 5 years and, in most years, historically, 30+% (a guess based upon upper classmen attrition and adding 25 players from high school each year) of the scholarship players will be first year players.

4)With the portal serving as the CFB version of free agency, but easier due to no contract restrictions, the percentage of 1st year players will, predictably, rise as the richest collectives, logically, recruit veteran, proven players to fill their most urgent needs each year rather than take a flyer on a high school option who may EVENTUALLY reach that level of play.

5) IIRC, currently, teams can take up to 7 transfers each year. Teams have already started encouraging their low contributing players to enter the portal to make room. The rich, smart teams will leverage the portal for all 7 of those top-level proven transfers every year…and, let’s hope 7 does not become 10 or 15...

6) It's not as though there are 25 teams that compete for a national championship every year now, but NIL is going to grow the gap between the haves and the have nots. And, of course, some of those historical haves will be replaced by teams that HAVE deeper NIL pockets.

7) It's hard to imagine conference affiliations surviving this seismic shift in the CFB competitive landscape. Current conferences won't make a lot of sense when the full effect of the NIL disparities result in just a handful of super teams scattered across the country.

7) For me, the outcomes of interest will be 1) which teams' NIL collectives will rise to the top and 2) what will the tier of teams just below the top NIL teams look like and 3) how many teams will be in that tier? and, finally, 4) when the NIL dust settles, where will Kentucky land in the NIL arms race pecking order?

At this point in time, landing in the second tier would be just fine with me. If that were the case, games at Kroger Field would still be great fun.

Sorry for the long rant. I just still get the sense that most people are underestimating the impact of NIL and the unintended consequences thereof.
Y'all remember this?

SMU was a punchline prior to NIL, but deep pockets have them in the CFP field of 12.

Oregon will continue to roll.

Can Bama and Georgia keep up over the next 5 years? Maybe, but I doubt it.

Bama because Saban ain't walking through that door. UGA because I don't know if they can hang financially with the oil schools and the Oregon's of the world.

With $20 million of SEC TV money in the pot now, some NIL budgets are likely already at $40M total.

The minimum level of NIL required to compete for championships or to compete at all remains a moving target for now and for the foreseeable future.

When Stoops recently made the ill-advised statement that we have enough NIL money now, he was either overly hopeful or simply naive.

I am not defending our miserable showing this past season. There is simply no good excuse for the mess that we witnessed on the field this season.

For me and many others, incompetent (lackadaisical?) OL recruitment and development finally caught up to us over the last couple of years and, this year, we didn't have Ray Davis to make up for the lack of an SEC-caliber Oline.

NIL and the annual portal (what an absolute FUBAR) make the climb back to SUSTAINED respectability more difficult than ever.

We will see the same phenomenon every year now until NIL and the portal are legislatively addressed: A school like Indiana or Vanderbilt will vault into the national conversation due to a very successful NIL/portal haul the previous offseason only to disappear the next season, see FSU, losing in the portal.

Going forward, the schools that pour the most money into NIL, on average, will comprise the P4 representatives in the CFP year in, year out.

Nobody out of the top 10 NIL spenders is winning a CFP until the landscape is redefined by the US legislature.
 
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